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The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news.Sun, 22 Mar 2015 14:00:46 +0000en-UShourly1http://wordpress.org/?v=4.0.1The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news.The Truth About CarsnoThe Truth About Carseditors@ttac.comeditors@ttac.com (The Truth About Cars)2006-2009The Truth About CarsThe Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news.The Truth About Cars » DCXhttp://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gifhttp://www.thetruthaboutcars.com
Daimler Dumps New York Stock Exchangehttp://www.thetruthaboutcars.com/2010/05/daimler-dumps-new-york-stock-exchange/
http://www.thetruthaboutcars.com/2010/05/daimler-dumps-new-york-stock-exchange/#commentsFri, 14 May 2010 14:50:21 +0000http://www.thetruthaboutcars.com/?p=356541One of the last vestiges of the Daimler-Chrysler union is being swept away, as Daimler has announced that it will delist from the NYSE. Daimler initially listed itself on Wall Street in 1993, as it began its “marriage made in heaven” with Chrysler. Since then, Daimler says advances in electronic trading make it easier for […]

One of the last vestiges of the Daimler-Chrysler union is being swept away, as Daimler has announced that it will delist from the NYSE. Daimler initially listed itself on Wall Street in 1993, as it began its “marriage made in heaven” with Chrysler. Since then, Daimler says advances in electronic trading make it easier for traders to buy and sell its Frankfurt listings, and that the low volume of NYSE trading isn’t worth all the financial regulation that comes with a Wall Street listing. According to the company, less than five percent of its trading volume comes through its US listing. This means no more SEC filings from the German firm, although it insists that the US market remains important to its business and that it wants to maintain open communication with American investors who own 17 percent of Daimler’s shares. And it definitely has nothing to do with the company’s recent settlement of a bribery investigation by the DOJ. Or the fact that Chrysler could find itself back on the exchange within another year.

]]>http://www.thetruthaboutcars.com/2010/05/daimler-dumps-new-york-stock-exchange/feed/3Quote Of The Day: That Was Then Editionhttp://www.thetruthaboutcars.com/2010/04/quote-of-the-day-that-was-then-edition/
http://www.thetruthaboutcars.com/2010/04/quote-of-the-day-that-was-then-edition/#commentsThu, 08 Apr 2010 19:55:15 +0000http://www.thetruthaboutcars.com/?p=351827That was a marriage in heaven but didn’t end up in heaven. We start on earth this time and stay there. Daimler CEO Dieter Zetsche, explaining the difference between Daimler-Chrysler and the new Daimler-Renault-Nissan alliance in Automotive News [sub].